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Old 09-02-2011, 05:23 AM  
Emil
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Join Date: Feb 2007
Location: Sweden
Posts: 5,634
Quote:
Originally Posted by $5 submissions View Post
Will knocking out the minimum wage result in less unemployment and more job opportunities?
I think so. 100s of people are standing in line applying for a single McD-job.
If wages could go down companies would be able to hire more people and even increase their profits because of the extra workers. Less people would have to get support from the government. And because of people in general making less money food prices will also go down. If people think they get paid too little then just dont take the job.
More companies would also have people work onshore that sending all the work needed to China, India...

Isn't it really that simple?
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